Accounting for Income Tax - Part 1/7 HD

This is a recording of a lecture presented on the 25th of October 2013. It covers the accounting for income tax pursuant to AASB 112 (which is equivalent to IAS 12). Topics covered include: - calculation of current tax payable; - calculation of deferred tax assets and deferred tax liabilities; - accounting for tax losses; - accounting for income tax rate changes; and - accounting for the tax effects of revaluations